G4S shares fell as much as 10 per cent today as the fallout from its failure
to provide enough security staff for the London Olympics continues to batter
the company’s reputation.

Shares in the group, which has been in the FTSE 100 since 2007, were down
24.7p, or 8.9 per cent, at 254p in afternoon trading in London after falling
4 per cent last week. Brokers including Jefferies, RBC, Panmure, UBS and
Numis cut their rating on the stock today.

Nick Buckles, the chief executive, admitted over the weekend that the
situation was a “big setback” and conceded that the